• Crypto

LMAX Digital marks five years with $1tn in crypto trades

The institutional crypto exchange was recently awarded ‘best crypto trading platform’ at FN's latest Trading & Tech Awards

LMAX chief executive David Mercer said he has no doubt that the future of all traditional assets and capital markets more broadly is digital

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Institutional crypto trading platform LMAX Digital said it has traded $1tn in cryptocurrencies since its launch five years ago.

The $1tn in trades were made through 190 million transactions. Over the past five years, the exchange said it onboarded 750 institutional clients and now offers 24 cryptocurrency pairs.

“We have no doubt that the...